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Meridian Food & Gas 2730 Meridian St 1,431 SF Retail Building Bellingham, WA 98225 $1,600,000 ($1,118.10/SF)
Investment Highlights
- Major Throughfare
Executive Summary
Gas Station with Convenience Store. Possible Owners Contract. Owner is retiring. Currently open 6 days a week from 9AM - 7PM or 60 hours per week. Increase the hours will increase the income. HUGE upside!! One of Bellingham’s busiest corridors, just steps from Haggen. Turnkey operation and long standing neighborhood staple with solid cash flow and strong growth potential. Featuring 4 Multi-Product Dispensers, a full-size convenience store with ample customer parking on a corner, double-lot site. Excellent traffic counts (~9,300/day) , strong exposure, and easy access location make this property ideal. 2024 Outside Sales at $60,000 per month Inside Sales at $13,494 per month. Taco Truck pays $1,000 per month.
2 years left on the Mobile Lease. Gallons per Month Sold (average) is 13,000 to 14,000
2 years left on the Mobile Lease. Gallons per Month Sold (average) is 13,000 to 14,000
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Service Station
Building Size
1,431 SF
Building Class
C
Year Built
1961
Price
$1,600,000
Price Per SF
$1,118.10
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.34 AC
Zoning
PC
Frontage
150’ on Meridian Street
Amenities
- Corner Lot
- Signage
- Wheelchair Accessible
- Air Conditioning
Walk Score®
Very Walkable (84)
Bike Score®
Biker's Paradise (99)
Nearby Major Retailers
Property Taxes
| Parcel Number | 380319-009221-0000 | Improvements Assessment | $376,454 |
| Land Assessment | $673,785 | Total Assessment | $1,050,239 |
Property Taxes
Parcel Number
380319-009221-0000
Land Assessment
$673,785
Improvements Assessment
$376,454
Total Assessment
$1,050,239
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Meridian Food & Gas | 2730 Meridian St
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